AllAboutMoney

a megaphone pattern?

Long
CME:BTC1!   Bitcoin CME Futures
This structure is not seen very often, but the erratic behavior that Bitcoin is experiencing is only to stabilize the price in this area, and it is forming what could be a megaphone pattern. This pattern is leading us to the 35K mark and its amplifying powers may be what Bitcoin needs to move forward. Patience is the science of waiting for what we know is inevitable.

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